Amended California Price Gouging Law Closes Potential Loopholes | Sheppard Mullin Richter & Hampton LLP
To embed, copy and paste the code into your website or blog: California Penal Code § 396 prohibits price gouging in California during a state of emergency. California enacted a few amendments to Section 396 that are effective now. As explained in more detail below, among other things, the amendments close potential loopholes relating to e-commerce, sales of new products, and the relevant benchmark date for pre-emergency prices. The entire State of California has been under a state of emergency relating to COVID-19 since Governor Newsom’s March 4, 2020 proclamation of a state of emergency...
Source: jdsupra.com